Hitachi, State Bank of India Team Up To Create A Digital Payment Platform
Hitachi Payments is setting up a Joint Venture with the State Bank of India to help accelerate digital payments in India.
- Aditya Worah
- Oct 29, 2018
Hitachi Payments is setting up a Joint Venture with the State Bank of India to help accelerate digital payments in India.
Over 75 banks have now become a part of JP Morgan’s Interbank Information Network (IIN). IIN is a cross-border payments product being tested by JP Morgan
A detailed report about how blockchain technology can be used in banking and what are the challenges of using blockchain in banking with practical use cases.
Bank of America charges up to 6000 times more than a regular Bitcoin transaction when the same amount of money is considered.
It now appears that the company is slowly backing out of the crypto markets, as reports are now claiming that it has put these plans on an indefinite hold.
Banks can benefit from a proper implementation of the blockchain tech: Here's a look at multiple studies which show how blockchain in banking can help banks.
Hypothekarbank Lenzburg is the first bank in Switzerland to open up to the cryptocurrency businesses - allowing them to set up their bank accounts with them.
Coinbase has reportedly been in talks with the US Office of the Comptroller of Currency (OCC) and it intends to apply for a federal banking license soon.
Japan’s Mitsubishi UFJ Financial Group (MUFG) has announced that they are planning to launch their own cryptocurrency, the MUFG Coin, by 2019.
HSBC successfully completed a trade-finance deal using a single blockchain system! The transaction took place between HSBC and ING, which was made for Cargill.